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- 5. Study Questions and Problems #5 Year Consumer Price Index Nominal Income 2013 220 $59,500 2014 360 $62,000 Assume the information in the preceding

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5. Study Questions and Problems #5 Year Consumer Price Index Nominal Income 2013 220 $59,500 2014 360 $62,000 Assume the information in the preceding table represents Manuel's income for 2013 and 2014. Use this information to answer the questions that follow. Manuel's real income in 2013 is Manuel's real income in 2014 is_. The purchasing power of Manuel's income V between 2013 and 2014

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